With chairmen all over the world deciding that they’d like a nice acquisition for Christmas, there was plenty to write about in preparing this issue, but getting the details during the dead period between Christmas and New Year proved well-nigh impossible: one company was working but its fax machine was out of order and the maintenance men out of earshot, others were manned by an answering machine, and while Learmonth & Burchett Management Systems Plc was unmanaged for the break, shareholders will be happy to know that the people that actually generate the company’s wealth were hard at it – no admin, but the programmers were working.